As we approach the deadline for the 2009 $8,000 first time home buyer tax credit, it seem as if there are calls to extend the tax credit. Kenneth R. Harney had this article in the Seattle Times:
Popular homebuyer tax credit may get new life.
Also Forbes.com always has some great input in the National Picture. Here is a look of where home prices are hitting bottom.
It was reported that home sales hit a bump in August.
Most folks predict a rebound, however I am sure that the rebound will look more like a L than a V. The good news is that the Seattle Area is expected to be in the top of the cities to recover in the 5 year projections.
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Eastside Market Statistics
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